Business

Koch reports gains in U.S. employment

Koch Industries said in 2014 its companies directly employed 60,000 people in the 50 states and District of Columbia, and paid compensation and benefits of more than $5.3 billion.

That’s according to a study by Harrah Analytics, Koch Industries said in a news release Wednesday.

The company said the analysis doesn’t include more than 3,100 open positions within Koch companies nor the nearly 7,000 contractors who work for Koch companies in the U.S.

In Kansas, the company directly employed 3,558 people and direct compensation totaled $451.8 million.

“When we first conducted this study in 2010, Koch employed about 50,000 people in 46 states,” Dave Robertson, Koch Industries president and COO, said in the release. “Since then, we’ve acquired several new companies and continued to invest in our businesses. As a result, we’ve added thousands of good jobs benefiting the hundreds of communities where we operate.”

According to the study, Texas ranked first among the 10 states in which Koch and its companies have the most workers, with 7,615 direct jobs and direct compensation of $774.5 million. Louisiana ranked 10th, with 2,017 direct jobs and $170.3 million in direct compensation.

Harrah Analytics is a Kentucky-based independent economic research firm led by Janet Harrah. Harrah, who also is senior director of the Center for Economic Analysis and Development at Northern Kentucky University, was previously director of the Center for Economic Development and Business Research at Wichita State University.

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